American investors who want to ‘do something’ about injustices are basically out of luck Investors have no major way to tackle America’s woes at the national, corporate or local levelAmericans are more charitable-minded than citizens of most other countries - and more wedded to a capitalistic society. Yet we have no easy way of combining those two impulses and allowing people to take major action with their money.

Are ETFs safe... for retail investors? ‘There are absolutely reasons to try to protect uninformed investors from themselves,’ says one researcherHave ETFs made high finance TOO accessible for everyone?

A first-of-its-kind racial empowerment ETF is ‘flying under the radar.’ Maybe it shouldn’t. Wall Street doesn’t do a great job at offering up socially responsible products and services, says the manager of this nonprofit ETF.At a moment when America’s attention is trained directly on racial issues, this fund may get some attention, which at least one analyst thinks it deserves.

Watch out: This is the age where you should definitely stop trading stocks Study finds the point where our money skills start falling faster than our confidenceStudy finds the point where our money skills start falling faster than our confidence

With Rates So Low, Income Investors Need to Rethink Bonds
Advisors and analysts are warning that bond investors could face years of low rates. Given that, they should resist bargain-hunting and going out on the risk curve. View bonds as ballast.

Amid U.S.-China Tensions, Active Managers Are Buying
Even as the U.S. and China ratchet up the ill will, and a host of measures that had been taken off the table are back, American fund managers aren’t worried—they’re buying

The ‘ANTs’ came marching: how have active, non-transparent ETFs performed so far? First movers in the space help erode old categories, and analysts say they’re interested to see what comes nextAfter two months in business, the new “actively managed, non-transparent” exchange-traded funds have performed about as well as analysts expected — with a few surprises — and are setting the stage, some observers say, for a fund marketplace that moves beyond existing categories to bring broader choices to investors.

Financial ETFs touch a two-week high as yield curve steepensFinancial-sector exchange-traded funds pushed higher Friday as bond yields rose after a blowout May jobs report nudged investors into riskier assets. The Financial Select Sector SPDR Fund was 4.7% higher at midday, while the Invesco KBW Bank ETF was nearly 6% higher. Bond yields move in the opposite direction of prices. The gap between 2-year Treasury notes and those maturing in 10 years touched its widest in about two years, bolstering the business case for banks.

Energy, financials ETFs rally FridayExchange-traded funds made up of energy and financial stocks surged Friday morning after an unexpectedly strong U.S. payrolls report. The Financial Select Sector SPDR Fund popped nearly 7% in the first half hour of trading, while the Energy Select Sector SPDR Fund rose nearly 4%. It was the biggest one-day move for XLE in three weeks, which is still down more than 25% in the year to date. XLF is down nearly 15% in that period. Investors are finding value in sectors of the economy that have suffered more under the coronavirus lockdowns, and which are more likely to outperform as the economy recovers sooner than expected, as the jobs report signals.

JETS ETF joins the mile-high club, topping $1 billion in assets, even as air travel sinks 90% ‘I also think people want to be optimistic about something and why not this beaten-down group?’Investors - most likely individuals looking for bargains - have piled into an exchange-traded fund that tracks a sector that took it on the chin in the global quarantine. What’s going on?

Two Fund Giants Take a Bigger Role in Active ETFs
BlackRock, the 800-pound gorilla of index exchange-traded funds, and Fidelity are taking bigger roles at the increasingly crowded active-management table.

American Airlines stock rockets to record gain, on signs that the worst is over for airlines American’s shares soar 41% on volume of nearly 400 million shares after company expects flights in July to improve to more than half of last year’s capacityShares of American Airlines Group Inc. soared to a record gain on record volume Thursday, to lead a broad rally in the airline sector, after the carrier indicated it was boosting capacity amid increasing signs that the worst of the COVID-19-related crisis was over.

JETS ETF soars 8%, on track for biggest weekly gain in nearly 2 monthsThe U.S. Global Jets exchange-traded fund soared 8% Thursday, extending a run that's taken the fund's share price up nearly 40% over the past month. JETS offers investors a way to bet on the airline industry, and airline stocks popped Thursday as investors focused on economic activity returning to normal. Shares of American Airlines Group Inc. were up 26% in the early afternoon, Delta Airlines Inc. shares rose nearly 11%, and United Airlines Holdings Inc. shares jumped nearly 15%. As previously reported, JETS recently passed $1 billion in assets, as investors continue to believe in the business case for the airlines' services once the worst of the coronavirus lockdowns come to an end.

Another Niche ETF Launches: Digital Sports Betting and Online Casinos
Roundhill Investments, which has an esports exchange-traded fund that is up 28.5% since its inception a year ago, on Thursday launched the Roundhill Sports Betting & iGaming ETF.

Global gold-backed ETFs tally biggest annual inflow on record, just 5 months into 2020: report World Gold Council pegs global gold ETF holdings at a record 3,510 metric tonsGlobal gold-backed exchange-traded funds marked their largest annual inflow of the precious metal on record, in dollar terms, just five months into the calendar year, according to a report from the World Gold Council released Thursday.

Small-caps have led since April, but could be set for a ‘summer setback,’ analysts warn The expiration of government stimulus is a key risk for small-cap equitiesSmall-capitalization stocks have been the darling of Wall Street of late, with some analysts predicting recent action as the beginning of the end of a yearslong bear market while others warn that these riskier shares could disappoint yet again if a robust economic recovery fails to materialize.

Gold prices end at lowest in over 3 weeks as investors snap up stocks ADP reports smaller-than-expected May U.S. private-sector job lossesGold prices end at a more than three-week low Wednesday, unable to find traction as demand for equities rose and data showing smaller-than-expected job losses in the U.S. private sector dull haven-related demand for the precious metal.

Real estate ETFs pop as malls start to re-open Exchange-traded funds with real estate exposure outperformed Wednesday as property stocks surged on re-opening hopes. The Real Estate Select Sector SPDR Fund rose 2.4%, while the iShares U.S. Real Estate ETF rose 3% and the Vanguard Real Estate ETF was up 3.2% in the early afternoon. Mall operator Simon Property Group was one of the best performers in the S&P 500, up nearly 15% and marking its biggest one-day move since April 6. Another shopping center operator, Kimco Realty Corporation, was up nearly 12% at midday.

U.S. IPO market to reopen with a bang as the biggest deal of the year takes off Warner Music Group returned to public markets after a nine-year spell and raised $1.93 billionAfter a few months of slim pickings, the U.S. initial public offering market is expected to reopen with a bang this week with the biggest deal of the year pricing early Wednesday.

This unusual income fund has a dividend yield of 6.5% and has beaten the S&P 500 John Bartlett at the Reaves Utility Income fund selects companies with high returns on equity from expansion or improvement projectsJohn Bartlett at the Reaves Utility Income fund selects companies with high returns on equity from expansion or improvement projects.

The stock market has been rising. Is that why Trump is attacking China? Investors may not like being played, but they may like it less if the players lose control, one analyst saysIt’s no coincidence that just as market conditions start to settle, President Trump becomes testy toward China, one economist notes.

The Fed has made valuing stocks like ‘cheating off the F student,’ strategist saysDavid Rosenberg, chief equity strategist at Rosenberg Research, has been saying for some time the market is running on a Federal Reserve-induced high.

As boomers hand over the keys to the stock market, sustainability-minded younger investors let their consciences lead Hazy ESG standards complicate this popular pursuit, as oil exposure and a tech focus are often used to diversify holdings Hazy ESG standards complicate this popular pursuit, as oil exposure and a tech focus are often used to diversify holdingsThe question of priorities has long complicated how ESG investing is viewed across generations: detractors warn that the full potential of profits is almost always sacrificed to do good; proponents say that’s nothing but a myth.

Companies Must Disclose Racial Diversity and Pay Equity, Calvert Funds Says
“Ending racism in America is a responsibility of corporations, and corporations must recognize that their current efforts to promote their core values, and diversity and inclusion programs, fall far short of what is needed today,” said Calvert CEO John Streur.

Energy ETFs get a lift from hope of extension of global production cuts Exchange-traded funds that track energy companies charged higher Tuesday on the heels of a 3% bounce in the price of crude amid reports that major producers may agree to extend caps on output that terminate at the end of June for one or two more months. The Energy Select Sector SPDR Fund rose 2.6%, making it the biggest gainer among the S&P 500 sectors midday. The Vanguard Energy ETF was also up 2.6%, and the SPDR S&P Oil & Gas Exploration & Production Fund popped 3.3%. XLE, the largest fund tracking the energy sector, is up nearly 13% over the past month, but has still lost about one-third of its value in the year to date. XOP, a popular way to play exploration bets, is up 10% in the past month, but has still lost about 42% of its value throughout 2020.

As SpaceX sends Americans into orbit, investors can take this ETF to a new frontier The SPDR S&P Kensho Final Frontiers ETF focuses on spacecraft, launch vehicles, rockets and satellitesThe SPDR S&P Kensho Final Frontiers ETF focuses on spacecraft, launch vehicles, rockets and satellites.

BlackRock Is Big Gainer as Fed Purchases Bond ETFs
Almost half of the U.S. Federal Reserve’s purchases of corporate bond exchange-traded funds went into BlackRock funds, according to ETFGI, an ETF research and consulting firm.

Bank ETFs move higher as yield curve steepens on re-opening optimismExchange-traded funds that track financial sector stocks outperformed Monday as interest rates shifted to the benefit of banks and other lenders. The Financial Select Sector SPDR Fund was 1.3% higher midday, and the SPDR S&P Regional Banking ETF was 1.7% higher. The Invesco KBW Bank ETF popped 2.3%. Although interest rates
remain low across the board, the difference between 5-year bonds and those with 30-year maturities has recently widened to the biggest differential since May 2017, according to a MarketWatch analysis, a condition that's more favorable for banks that make loans and pay interest on deposits. That so-called steepening of the yield curve comes as a report on manufacturing suggested the U.S. economy may have begun to recover from a steep decline during the spring due to coronavirus lockdowns.

Biotech ETFs Are Soaring. These Four Are Still Worth Considering.
Investors have been bullish on biotech, in the hope that companies will soon come up with a treatment, cure, or vaccine for Covid-19. But there’s more to biotech than the coronavirus, and even though these ETFs have risen, they could have farther to go.

Big Hedge Fund Sold Intel and Microsoft Stock. Here Are the 2 Bank Stocks It Bought.
Brazilian hedge fund Adam Capital Gestão de Recursos slashed positions in Intel and Microsoft stock in the first quarter. It also bought large amounts of JPMorgan and Bank of America stock.

We’re at month 2: Tracking the Fed’s efforts to keep credit flowing during the coronavirus pandemic New York’s MTA wants access to municipal facilityThe Federal Reserve is promising it has more firepower to use if a second wave of coronavirus infections hit the U.S., as more states unfurl plans to reopen after roughly two months of lockdowns.

A Giant Pension Bought Citigroup and CVS Stock. Here’s What It’s Selling.
Caisse de dépôt et placement du Québec, known as CDPQ, more than doubled its stake in Citigroup and bought more CVS stock in the first quarter. It also sold GE and McDonald’s stock.

Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.